GUJARAT ENERGY Ltd (GUJGASLTD) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+0.00%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 10.9%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 10.2%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 28 Aug 2026

50-Day DMA ● Overlay

Not available

200-Day DMA ● Overlay

Not available

14-Day RSI ● Overlay

Not available

Trend Signal

Not available

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹21,561 Cr

Mid cap

Stock P/E (TTM) Valuation

11.0x

Price / EPS

Book Value (₹) Assets

₹266.0

P/B: 1.2x

ROE (%) Quality

10.2%

Net Profit / Equity

ROCE (%) Efficiency

11.7%

EBIT / Capital

Dividend Yield Yield

3.87%

Face Value: ₹10

Debt / Equity Solvency

0.18x

Manageable

EPS (TTM) Per Share

₹23.69

Trailing 12M

OPM (%) Spread

13.0%

EBITDA Margin

Free Cash Flow Cash

₹1,768 Cr

CFO - Capex

About GUJARAT ENERGY Ltd

GUJARAT ENERGY Ltd (GUJGASLTD) is an Indian publicly traded enterprise listed on the National Stock Exchange (NSE).

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 9.4% × Turnover: 0.85x × Leverage: 1.18x = ROE: 10.2%

✓ Company Strengths (Pros)

• Company has maintained a healthy low debt-to-equity ratio of 0.18.
• Stock is trading at an attractive price-to-book multiple of 1.2x.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 93% Coverage (14/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹22,776 Cr

Latest PAT

₹1,706 Cr

EPS (TTM)

₹23.69

OPM %

13.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹5,295 Cr	₹5,523 Cr	₹5,808 Cr	₹6,036 Cr
Operating Profit (EBITDA)	₹656.63 Cr	₹706.97 Cr	₹766.64 Cr	₹820.85 Cr
OPM %	12.4%	12.8%	13.2%	13.6%
Interest Expense	₹52.53 Cr	₹56.56 Cr	₹61.33 Cr	₹65.67 Cr
Depreciation	₹78.80 Cr	₹84.84 Cr	₹92.00 Cr	₹98.50 Cr
Profit before Tax (PBT)	₹525.31 Cr	₹565.57 Cr	₹613.31 Cr	₹656.68 Cr
Net Profit (PAT)	₹393.98 Cr	₹424.18 Cr	₹459.98 Cr	₹492.51 Cr
EPS in ₹	₹21.14	₹22.05	₹23.18	₹24.09

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	₹8,655 Cr	₹9,794 Cr	₹11,160 Cr	₹12,755 Cr	₹14,577 Cr	₹15,715 Cr	₹16,854 Cr	₹19,587 Cr	₹21,182 Cr	₹22,320 Cr	₹22,776 Cr	₹23,687 Cr
Expenses	₹7,686 Cr	₹8,638 Cr	₹9,799 Cr	₹11,071 Cr	₹12,609 Cr	₹13,767 Cr	₹14,461 Cr	₹16,884 Cr	₹18,513 Cr	₹19,419 Cr	₹19,747 Cr	₹20,489 Cr
Operating Profit	₹969.35 Cr	₹1,156 Cr	₹1,362 Cr	₹1,684 Cr	₹1,968 Cr	₹1,949 Cr	₹2,393 Cr	₹2,703 Cr	₹2,669 Cr	₹2,902 Cr	₹3,029 Cr	₹3,198 Cr
OPM %	11.2%	11.8%	12.2%	13.2%	13.5%	12.4%	14.2%	13.8%	12.6%	13%	13.3%	13.5%
Interest	₹67.85 Cr	₹80.90 Cr	₹95.31 Cr	₹117.85 Cr	₹137.75 Cr	₹136.41 Cr	₹167.53 Cr	₹189.21 Cr	₹186.82 Cr	₹203.12 Cr	₹212.04 Cr	₹223.84 Cr
Depreciation	₹116.32 Cr	₹138.68 Cr	₹163.39 Cr	₹202.03 Cr	₹236.14 Cr	₹233.85 Cr	₹287.20 Cr	₹324.37 Cr	₹320.27 Cr	₹348.20 Cr	₹363.50 Cr	₹383.73 Cr
Profit before Tax	₹872.41 Cr	₹1,040 Cr	₹1,225 Cr	₹1,515 Cr	₹1,771 Cr	₹1,754 Cr	₹2,154 Cr	₹2,433 Cr	₹2,402 Cr	₹2,611 Cr	₹2,726 Cr	₹2,878 Cr
Net Profit	₹654.31 Cr	₹780.07 Cr	₹919.05 Cr	₹1,136 Cr	₹1,328 Cr	₹1,315 Cr	₹1,615 Cr	₹1,825 Cr	₹1,802 Cr	₹1,959 Cr	₹2,045 Cr	₹2,158 Cr
EPS in Rs	34.55	39.09	44.55	50.91	58.18	62.73	67.27	78.18	84.55	89.09	90.91	94.55

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	₹226.39 Cr	₹258.73 Cr	₹304.01 Cr	₹355.76 Cr	₹407.50 Cr	₹452.78 Cr	₹491.59 Cr	₹543.34 Cr	₹588.62 Cr	₹627.43 Cr	₹646.83 Cr
Reserves & Surplus	₹2,943 Cr	₹3,364 Cr	₹3,952 Cr	₹4,625 Cr	₹5,298 Cr	₹5,886 Cr	₹6,391 Cr	₹7,063 Cr	₹7,652 Cr	₹8,157 Cr	₹8,409 Cr
Borrowings (Debt)	₹529.75 Cr	₹605.43 Cr	₹711.38 Cr	₹832.47 Cr	₹953.56 Cr	₹1,060 Cr	₹1,150 Cr	₹1,271 Cr	₹1,377 Cr	₹1,468 Cr	₹1,514 Cr
Total Liabilities	₹5,660 Cr	₹6,468 Cr	₹7,600 Cr	₹8,894 Cr	₹10,188 Cr	₹11,320 Cr	₹12,290 Cr	₹13,583 Cr	₹14,715 Cr	₹15,686 Cr	₹16,171 Cr
Fixed Assets	₹2,717 Cr	₹3,105 Cr	₹3,648 Cr	₹4,269 Cr	₹4,890 Cr	₹5,433 Cr	₹5,899 Cr	₹6,520 Cr	₹7,063 Cr	₹7,529 Cr	₹7,762 Cr
Total Assets	₹5,660 Cr	₹6,468 Cr	₹7,600 Cr	₹8,894 Cr	₹10,188 Cr	₹11,320 Cr	₹12,290 Cr	₹13,583 Cr	₹14,715 Cr	₹15,686 Cr	₹16,171 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations (CFO)	₹504.53 Cr	₹574.60 Cr	₹672.70 Cr	₹756.79 Cr	₹868.91 Cr	₹953.00 Cr	₹1,051 Cr	₹1,191 Cr	₹1,289 Cr	₹1,373 Cr	₹1,401 Cr
Cash from Investing (CFI)	-₹312.81 Cr	-₹356.25 Cr	-₹417.08 Cr	-₹469.21 Cr	-₹538.72 Cr	-₹590.86 Cr	-₹651.68 Cr	-₹738.57 Cr	-₹799.40 Cr	-₹851.53 Cr	-₹868.91 Cr
Cash from Financing (CFF)	-₹161.45 Cr	-₹183.87 Cr	-₹215.27 Cr	-₹242.17 Cr	-₹278.05 Cr	-₹304.96 Cr	-₹336.35 Cr	-₹381.20 Cr	-₹412.59 Cr	-₹439.50 Cr	-₹448.47 Cr
Free Cash Flow (FCF)	₹254.28 Cr	₹289.60 Cr	₹339.04 Cr	₹381.42 Cr	₹437.93 Cr	₹480.31 Cr	₹529.75 Cr	₹600.39 Cr	₹649.83 Cr	₹692.21 Cr	₹706.34 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days (DSO)	22	24	26	28	22	24	26	28	22	24	26
Inventory Days	45	48	51	45	48	51	45	48	51	45	48
Cash Conversion Cycle (Days)	15	18	21	15	10	23	17	20	15	9	22
ROCE %	10%	10.1%	10.5%	10.9%	11.3%	11.7%	12.1%	12.5%	12.9%	13.3%	13.7%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹361.81 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹0.00

DCF Fair Value

₹361.81

Graham Number

₹376.54

Margin of Safety

-63.2%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹361.81

Premium / Overvalued (Margin: -63.2%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹352	₹349	₹346	₹343
10%	₹359	₹355	₹352	₹349
12%	₹365	₹362	₹359	₹355
14%	₹372	₹368	₹365	₹362

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹362	Fairly Valued
Benjamin Graham Number	₹377	Market Priced
Historical Sector P/E	₹521	Premium
EV / EBITDA Multiplier	₹1,050	In-Line
Free Cash Flow Yield Model	₹980	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 5/9 (Stable Financials)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

5 / 9 Pass

Altman Z-Score

5.15 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.18x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 13.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

38.94%

FIIs (Foreign)

10.85%

DIIs (Domestic)

24.18%

Government

0.15%

Public / Retail

18.73%

Swipe → to view historical quarters

Category	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
+ Promoters	39.42%	39.30%	39.18%	39.06%	38.94%	38.82%	38.70%	38.58%
• Promoter & Promoter Group Family Trusts	18.69%	18.69%	18.69%	18.69%	18.69%	18.69%	18.69%	18.69%
• Operating Holding Companies & LLPs	14.80%	14.80%	14.80%	14.80%	14.80%	14.80%	14.80%	14.80%
• Key Executive Promoters (Individual)	5.45%	5.45%	5.45%	5.45%	5.45%	5.45%	5.45%	5.45%
+ FIIs (Foreign Portfolio)	10.56%	10.63%	10.71%	10.78%	10.85%	10.92%	10.99%	11.07%
• Government of Singapore / GIC Sovereign Fund	2.37%	2.39%	2.41%	2.43%	2.45%	2.47%	2.49%	2.51%
• Vanguard Emerging Markets Stock Index Fund	1.77%	1.79%	1.81%	1.83%	1.85%	1.87%	1.89%	1.91%
• EuroPacific Growth Fund (Capital Group)	1.34%	1.36%	1.38%	1.40%	1.42%	1.44%	1.46%	1.48%
• Norges Bank (Central Bank of Norway)	1.07%	1.09%	1.11%	1.13%	1.15%	1.17%	1.19%	1.21%
• BlackRock Institutional Trust Company, N.A.	1.00%	1.02%	1.04%	1.06%	1.08%	1.10%	1.12%	1.14%
• Fidelity Investment Funds / Emerging Markets	0.87%	0.89%	0.91%	0.93%	0.95%	0.97%	0.99%	1.01%
+ DIIs (Mutual Funds / Insurance)	23.99%	24.04%	24.08%	24.13%	24.18%	24.23%	24.28%	24.32%
• Life Insurance Corporation of India (LIC)	6.13%	6.16%	6.19%	6.22%	6.25%	6.28%	6.31%	6.34%
• SBI Mutual Fund / Equity Hybrid & Bluechip	2.03%	2.06%	2.09%	2.12%	2.15%	2.18%	2.21%	2.24%
• ICICI Prudential Value Discovery Fund	1.33%	1.36%	1.39%	1.42%	1.45%	1.48%	1.51%	1.54%
• HDFC Trustee Company / Balanced Advantage Fund	1.16%	1.19%	1.22%	1.25%	1.28%	1.31%	1.34%	1.37%
• Nippon India Mutual Fund	0.80%	0.83%	0.86%	0.89%	0.92%	0.95%	0.98%	1.01%
• UTI Mutual Fund / Large Cap Fund	0.63%	0.66%	0.69%	0.72%	0.75%	0.78%	0.81%	0.84%
+ Public (Retail & HNIs)	25.88%	25.88%	25.88%	25.88%	25.88%	25.88%	25.88%	25.88%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Power & Utilities.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

GUJGASLTD Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

GUJGASLTD Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

GUJGASLTD Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹1,280.00

Accelerated market share capture in Power & Utilities, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹1,120.00

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 11x P/E.

🐻 Bear Case (15%) -12.0%

₹880.00

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Power & Utilities)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:53 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ GUJARAT ENERGY Ltd (GUJGASLTD)	Target Stock	₹0.00	+0.00%	11.0x	10.2%	11.7%	0.18	₹21,561 Cr
SOLAR INDUSTRIES (I) Ltd (SOLARINDS)	Power & Utilities Operations	₹18,971.00	-0.28%	88.2x	32.6%	38.1%	0.24	₹1.76 Lakh Cr
HITACHI ENERGY INDIA Ltd (POWERINDIA)	Power & Utilities Operations	₹29,100.00	+3.37%	118.0x	21.9%	29.4%	0.02	₹1.41 Lakh Cr
Tata Power Company Ltd (TATAPOWER)	Renewables, EV Charging & Transmission	₹360.00	+0.00%	28.6x	10.2%	10.5%	1.93	₹1.12 Lakh Cr
JSW ENERGY Ltd (JSWENERGY)	Power & Utilities Operations	₹519.50	-0.70%	44.3x	7.5%	8.2%	2.50	₹88,924 Cr
NTPC GREEN ENERGY Ltd (NTPCGREEN)	Power & Utilities Operations	₹83.60	+1.35%	125.0x	2.8%	3.6%	1.67	₹75,896 Cr
NHPC Ltd (NHPC)	Hydroelectric & Renewable Power	₹77.90	-3.10%	19.0x	9.3%	5.8%	1.26	₹72,073 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 93% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:53:55 IST	✓ Live Sync
Financial Statements (10Y)	GUJARAT ENERGY Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

GUJARAT ENERGY Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About GUJARAT ENERGY Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Power & Utilities)

Metric Explainer

Stock DNA Methodology

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